Special & Limited Scholarship for EU & Austrian Students
IU prepares future leaders!
Apply NOW - limited Scholarships available Effective September 2008 for new EU and Austrian Students
Tuition fee for EU Bachelor Students on scholarship: only 1,335 Euros per semester throughout the Bachelor’s program. The maximum course number per semester is 5*. Should you be permitted to take a 6th course you are required to pay additional EUR 250 per course.
Tuition fee for EU Master Students on scholarship: only 1,855 Euros per semester throughout the Master’s program. The maximum course number per semester is 3*. Should you be permitted to take a 4th course you are required to pay additional EUR 585 per course.
Tuition fee for Austrian Bachelor Students on scholarship: only 798 Euros per semester throughout the Bachelor’s program. The maximum course number per semester is 5*. Should you be permitted to take a 6th course you are required to pay additional EUR 150 per course.
Tuition fee for Austrian Master Students on scholarship: only 1,598 Euros per semester throughout the Master’s program. The maximum course number per semester is 3*. Should you be permitted to take a 4th course you are required to pay additional EUR 500 per course. * -- based on normal full-time load
Conditions and Guidelines
o Scholarships only for full-time students (all semesters have to be attended). o These scholarships apply to no more than one academic program concurrently. o These scholarships are not valid in conjunction with other IU scholarship programs. o Students must maintain a Grade Point Average equivalent to 3.0 (out of 4.0) in the American system. o English & Math proficiency is required (English and Math preparatory classes are not included). o The tuition payment each semester is due at the time of registration for the given semester. o Textbooks, fees, dormitory and living costs are not included -- only tuition is included. o This scholarship is not applicable on repeated courses.
Join IU’s multi-national student body from over 100 nations!
Special “Good Neighbor in the Global Village” Scholarship
IU values the special relationship with international organizations and institutions and therefore wishes to support efforts to prepare the future leaders and decision makers in the global arena!
Scholarship tuition fee for diplomats, staff of embassies, permanent missions, international organizations and NGOs OR their dependents: a 25% reduction of our tuition price throughout the respective academic program.
Application Procedure: Please submit the following: Application form, essay, transcripts, and proof of employment at one of the indicated organizations.
The applications of students who do not have the equivalent of a Bachelor’s degree, for entry into the Master’s program, will be evaluated on a case-by-case basis, with attention given to relevant career experience and possible leveling courses.
Favorable Loan Conditions: are available through a partnership between IU and the Raiffeisenbank.
Conditions and Guidelines
Scholarships only for full-time students (all semesters have to be attended).
Please see the maximum number of courses allowed as of our scholarship guidelines. Limitations: maximum 5 Bachelor or 3 Master courses per semester.
Students must maintain a Grade Point Average equivalent to 3.0 (out of 4.0) in the American system.
English & Math proficiency is required (English and Math preparatory classes are not included).
These scholarships are not valid in conjunction with other IU scholarship programs.
The tuition payment each semester is due at the time of registration for the given semester.
Textbooks, fees, dormitory and living costs are not included -- only tuition is included.
This scholarship is not applicable on repeated or audited courses.
Join IU’s multi-national student body from over 100 nations!
The Raiffeisen Bausparkasse is pleased to support you with a favorable education financing in the field of the education you have planned. The conditions of the loan are equally favorable as with a mortgage plan. During the educational phase you only have to pay the current interest and after you finished the education you start the repayment of the loan..
IU has recently been accepted by the Ministry of Advanced Education as an institution for which Canadian students can receive student loan assistance. The request for approval was initiated when a Canadian student enrolled at IU and needed approval to receive student loans. After an extensive application process and review of academic policies, programs, and faculty, IU was assigned the code QPJX under the Private Institutions Division.
IU Scholarships
Academic Scholarships
Bachelor’s program: IU provides academic scholarships automatically for new matriculating students in the Bachelor’s program, based on their achievement in Secondary School or in transfer from another university, as follows:
Grade Point Average (GPA) of 3.5 – 4.0 15 % scholarship
Grade Point Average (GPA) of 3.0 – 3.4 10 % scholarship
To maintain an Academic Scholarship, the student must continue to achieve the prescribed Grade Point Average in the undergraduate program.
Master’s program: IU provides academic scholarships for new matriculating students in the Master’s programs, based on their achievement in the Bachelor’s degree or the equivalent:
GPA of 3.8 – 4.00 Summa cum Laude 15 %
GPA of 3.65 – 3.79 Magna cum Laude 10 %
GPA of 3.5 – 3.64 Cum Laude 5 %
To maintain an Academic Scholarship, the student must continue to achieve the prescribed Grade Point Average in the Master’s program.
Financial-Need Scholarships
Financial Need Scholarships may also be awarded, but only to students with high academic achievement: cumulative GPA of 3.0 and demonstrated, proven financial need.
Students desiring to be considered for a Financial-Need Scholarship must:
provide notarized/official documentation to verify the information in their Financial Resource Statement
write a letter applying for financial aid and indicate why they should be considered
Financial-need scholarship decisions are made on a case-by-case basis.
Work-Study: Some financial-need scholarships are provided by means of the work-study program. In this program, students are assigned to clean, monitor the library, assist in office, etc. and credit for hours worked is used to reduce their bill.
Financial-Need scholarships may only be retained by maintaining a Grade Point Average (GPA) of at least 3.0. Failure to maintain this GPA means automatic loss of the financial-need scholarship and exclusion from the work-study program in the following semester. The student will be responsible for paying full price for his/her tuition costs. If the student increases his/her GPA to at least 3.00, he/she has the right to reapply for the financial-need scholarship.
Scholarships are not available for:
repeated courses: students who earn a “W/F” or “F” in a course must pay full price when they re-take the course, or
a second Bachelor’s degree or a second Specialization within the BBA program. (These additional courses would need to be paid for at full price minus any relevant academic scholarship assistance).
Financial Aid for Study-Abroad
Study-Abroad students generally maintain their Financial Aid through their home institution. IU is pleased to assist students in working out these details. First, however, students should obtain information from their adviser at their home institution.
